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AGRICULTURAL EXPORTS: A WORLD OF OPPORTUNITIES
Georgia Agriculture Forecast | 2013
BENEFITS OF EXPORTING
BETTER COMPANIES
HIGHER WAGES
MORE JOBS
Twice as many jobs! 20% faster growth 9% less likely to go out of business 20% higher wages 187,500+ jobs for Georgians
Companies often discover: Reduced risks! Extended product life cycles Increased profits Enhanced knowledge of global competition and innovations
2011 RECORD YEAR FOR GEORGIA EXPORTS $34.7 billion; 141% increase over the past 10 years.
National Rankings; 12th leading exporting state: Wood Pulp (#1) Poultry (#1) Minerals/ores (#1) Pecans (#1) Aluminum (#1) Textile Floor Coverings (#1) Acrylic Polymers (#2) Paper & Paperboard (#2) Overall Top Markets: Canada, China, Mexico, Singapore,
Japan, Germany.
Top Ag Markets: Canada (17%), Hong Kong (11%), Mexico (7%). Other countries less than 3% each.
GDEcD and GDA combine export services, including assistance from Georgia’s International Representatives.
GEORGIA’S INTERNATIONAL OFFICES
DID YOU KNOW…
1 in 3 acres on U.S. farms is planted for export.
39% of Port of Savannah exports were ag commodities: wood pulp, food, and paper & paperboard. (FY’12)
The Port of Savannah is the 2nd largest U.S container port for exports.
U.S. free trade agreement partners buy 45%+ of U.S. exports.
97% of U.S. exporters are small- to medium-sized companies.
6-Year Trend of Georgia’s Agricultural Exports
(Ag defined as HS Chapters 1-24)
TOP AGRICULTURAL MARKETS BY TIERS
(Ag defined as HS Chapters 1-24)
6-Year Total % Change
06 - 11 Total $11.93 B 129% Canada $2.14 B 92% China $957 M -44% Mexico $810 M 214% Hong Kong $745 M 971% Japan $381 M -42% Russia $337 M 57% Trinidad & Tobago $284 M 127% Venezuela $256 M 675% Dominican Republic $225 M 69% Vietnam $219 M 2543% Cuba $199 M 0% Jamaica $194 M 83% Taiwan $189 M 199% Indonesia $183 M 474% Turkey $176 M -4% United Arab Emirates $173 M 481% Philippines $171 M 175% Angola $155 M 2275% South Korea $146 M 102% Morocco $146 M 7611% United Kingdom $137 M 80%
GEORGIA AGRICULTURAL EXPORTS 2006–2011
(Ag defined as HS Chapters 1-24)
Edible Meat / Offal 39%
Animal Feed / Waste 11%
Nuts (ground) / Oil Seed / Oleginous Fruits
9%
Misc. Edible Preparations
6%
Cereals/ Flour / Bread
4%
All Other 31%
WHO DO WE HELP?
New to Export
Infrequent Exporters Experienced
Agricultural Companies Manufacturers Assembly Operations Research and Development Distribution Headquarters Operations
In FY’12, 84% of companies assisted by GDEcD Trade had 100 employees or less; 55% had fewer than 20 employees. These companies were located in 128 Georgia counties.
EXPORT RESOURCES FOR AG COMPANIES
U.S. Commercial Service* U.S. Small Business Administration* GA Department of Economic Development* GA Department of Agriculture Small Business Development Center* Export-Import Bank* Southern U.S. Trade Association (SUSTA) U.S.D.A, including Foreign Agricultural
Service (FAS)
*Co-located
GDECD’S AWARD-WINNING EXPORT TEAM E-Star Award for Excellence in Exporting
White House, May 2007
EXPORT RESOURCES Export Research and Target Market Information Key Contacts Abroad (Rep/foreign buyer searches)
Trade Opportunities Alert Trade Shows/Missions/Incoming Buyers Grants for international marketing for qualified AG
companies Reduced participation fees for qualified companies Export Finance (Working capital loan guarantees/foreign buyer
credit insurance)
Export Directory
Did you know…? Most GDEcD Trade services are FREE!
GDEcD’s International Representatives Visit, March 2013
G.R.O.W. (Georgia Reaching Out Worldwide) Incoming Buyer Delegation, July 2013, Savannah, GA. Georgia suppliers will attend country briefings and meet with international buyers of transportation, food and agribusiness.
LINK, Directory of Georgia-based Export Trading and Export Management Companies.
Georgia Export Directory, Qualified Georgia companies listed for free or, for a small fee, can upgrade to a more in-depth listing.
TRADE PROMOTION EVENTS
TRADE PROMOTION EVENTS Gulfood, Feb. 2013, Dubai, UAE. World’s largest food, beverage and hospitality trade show. SOLD OUT
CRFA, March 2013, Toronto, Canada. Canada’s leading foodservice and hospitality event. SOLD OUT
World Biofuels, March 2013, Rotterdam, Netherlands. Top global biofuels event.
Seoul Food and Hotel, Seoul, Korea, May 2013. Asia’s premier food, hospitality, food-processing and packaging trade show. SOLD OUT SEUS-CP Halifax & Trade Mission to Toronto, July 2013. Matchmaking and conference.
Trade Missions: South Africa, February 2013 SOLD OUT United Kingdom, March 2013 Singapore, April 2013 Taiwan, April 2013 China, August 2013 Visit www.georgia.org for more opportunities!
South GA: Kathy Oxford 404-962-4119 [email protected] Small Business Administration Sandro Murtas 404-897-6089 [email protected]
GEORGIA’S FOOD & AGRICULTURE TRADE TEAM
Small Business Development Center Dimitris Kloussiadis 678-985-6820 [email protected]
North GA: Shehzin Jafar 404-962-4036 [email protected]
Export Promotion Georgia Department of Economic Development
Export Import Bank of the U.S. Susan Kintanar 404-897-6082 [email protected]
Export Finance
Export Consulting & Loan Packaging
Kathe Falls, Director, International Trade
Global Commerce Georgia Department of Economic Development 75 Fifth Street NW, Suite 1200 Atlanta, Georgia 30308 T: 404-962-4122 E: [email protected] www.georgia.org
THANK YOU FOR KEEPING GEORGIA ON YOUR MIND!